In the News

Blockchain Rollouts in Finance to Reflect Significant Change in the Short-Term

Many early blockchain initiatives have only been implemented in testing environments, while their future commercial use remains uncertain. Nonetheless, an industry-wide conversation has emerged, as financial institutions explore blockchain’s theoretical appeal, its practical applications and standards have to be established to realize its potential.

Corporate Insight, a firm providing competitive intelligence, consulting and user experience research for financial service firms and educational institutions, recently released a 62-page report, “Blockchain Solutions and the Future of Finance.” The report is based on input from 14 companies active in deploying blockchain technology to financial services firms.